Latest food industry analysis
Comprehensive coverage of the food industry's latest, breaking news brought to you by just-food's leading network of international journalists.
ConAgra Foods CEO Sean Connolly, fresh from securing the sale of the US group's own-label business, has made another strategic move - splitt...
Recent years have seen the launch of numerous sustainability standards and initiatives across various agricultural commodities. Ben Cooper a...
Prioritising its food-to-go operations in the UK and the US has led Greencore to report higher annual sales and earnings. And the Ireland-ba...
Danone outlined plans to raise its sales and earnings performance through to 2020 in an investor meeting held earlier this week. The company...
With stagnant volumes and volatility in costs putting pressure on margins, more companies are turning their attention to supply chains to eke out savings. But other changes in the market, not least shopper promiscuity and the rise of non-traditional outlets, means manufacturers have weigh up a series of factors when looking to make changes to their supply chains. just-food reports back from the IGD Supply Chain Summit on what executives in the field believe are the key issues to consider.
Mondelez International has taken its breakfast biscuit concept, Belvita, to China in a bid to capture the attention of the young, time-poor consumer on the hunt for convenience. But with different tastes and habits at breakfast, can the Chinese consumer be convinced to take on Belvita as an alternative? Hannah Abdulla explores.
Snacking is a significant macro trend driving trends in the US market and demand for healthier products is on the rise. Sally Lyons Wyatt, executive vice president and practice leader for snacks at IRI, outlines the factors manufacturers operating in - or eyeing - the segment need to consider.
Multinational grocery retailers demonstrated a various different strategies to grow their sales and expand their consumer reach over the past month. Here is just-food's round-up of some of the major developments at your retail customers during October.
Fast-food giant Yum! Brands announced plans to spin off its Chinese operations in a bid to revitalise a business under pressure, while Jollibee Foods Corp., Asia's largest chain, invested in US fast-casual burger operator Smashburger.
TreeHouse Foods confirmed what many suspected yesterday (2 November) when it announced a deal to acquire ConAgra's private brands business for US$2.7bn. The acquisition will almost double TreeHouse's size, creating an enlarged business with sales of around $7bn spanning more than 20 categories. Here are ten key points to take away from the deal.
Distribution synergies and access to a wider better-for-you portfolio are two of the reasons industry experts have backed the move from Synder's-Lance for fellow US snacks group Diamond Foods. However, with Diamond having had a challenging few years financially, is the US$1.91bn cash-and-shares deal all Snyder's-Lance has made it out to be? Hannah Abdulla reports.
The cry from campaigners in the UK is neither government nor industry is doing enough to reduce sugar consumption. Here, Ben Cooper compares the measures proposed in last week's report from Public Health England with what has been advocated by campaign group Action on Sugar and government action and industry engagement as represented by the Public Health Responsibility Deal.
Nestle missed analyst expectations for its sales growth today (16 October), when the world's largest food maker reported sales of CHF64.8bn (US$73.8bn) for the nine months to the end of September. The 2% decline was steeper than analysts had expected, with consensus forecasts predicting a sales dip of 0.8%. The closely watched organic growth rate also failed to meet expectations, with analysts predicting a 4.7% gain versus Nestle's organic growth of 4.2%. Here are 10 key points to take away from Nestle's year-to-date performance.
Unilever beat market expectations with a stellar third-quarter sales update this morning (15 October). However, with growth driven by its lower margin refreshments unit, could this put pressure on Unilever's group margin? Katy Askew reports.
September saw McDonald's make two significant announcements in the US, a one-two from Taco Bell and a new format from hitherto retro-focused Johnny Rockets.
A consistent challenge facing grocers is maintaining – or strengthening – margins in a frequently hostile retail environment. This must be achieved while also developing the customer proposition and investing in growth. Keeping a lid on costs is a must but that has to be balanced against issues like pressure to raise wages, as we have seen in the UK this month, and the need to keep consumer prices low.
Unilever is building on its push into branded ice cream retail with the acquisition of Italian gelato group Grom. And Unilever is not the only manufacturer working to expand its branded retail presence, particularly in "treat" or gifting categories. Katy Askew looks at the benefits branded retailing offers food manufacturers.
Earlier this month, with the UK's Competition and Markets Authority's decision on the disposal of Dairy Crest's milk business on the horizon, M&A adviser Stefan Kirk looked at why the group could become a takeover target - and which companies could be interested.
Diamond Foods side-stepped market talk it has put itself up for sale and even suggested it would be open to broadening its own portfolio during a conference call with analysts this week. However, this does not mean the US snacks group's management is closed to the idea of the company shopping itself. Katy Askew takes a look at the possibility of a deal and who could be interested in a punt for the Kettle Chips maker.
New Zealand dairy giant Fonterra reversed its first-half profit drop to report a massive jump in full-year earnings yesterday (24 September). The result was achieved despite lower sales from the co-operative, with a focus on efficiency and product mix as well as the benefit of lapping weak prior-year comparables. Here are just-food's ten key takeaways from Fonterra's fiscal 2014/15 numbers.
Much has been made of the decline of legacy brands in the US, which have failed to keep up with shifting consumer demands. In its first-quarter update, released yesterday (24 September), ConAgra Foods claimed a change in strategy has enabled it to breath fresh life into some of its iconic – but declining – brands. Katy Askew reports.
The natural products sector has waived in a seismic shift in the mainstream shopping habits of American consumers. This has attracted the attention of legacy brand manufacturers. But as the forces of big food look to cash in, SMEs have leveraged their agility to focus on delivering new products. Here is just-food's pick of some of the most exciting new products on show from SMEs at this year's Natural Products Expo East.
US cereal giant Kellogg announced earlier this week it has entered into a joint venture agreement to step up its presence in Africa. Kellogg has partnered with Tolaram Africa, the local arm of Singapore-based conglomerate Tolaram Group. While the deal will not provide an immediate lift for Kellogg's struggling sales, it positions the company for long-term growth in a region of increasing importance for consumer goods companies. Katy Askew reports.
Global retailers have continued to expand into emerging markets, in spite of the political and economic turbulence seen in many of these countries and the challenges to profitability.
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